Friday, September 2, 2016

The Ibex August fail to recover pre-Brexit levels – Yahoo Finance Spain

MADRID (Reuters) – The Spanish index has used the summer months to recover levels prior to the favorable vote off weeks UK European Union, European stock markets took the worst days in its history.

in the last month, the Dow gained 1.51 percent after adding 5.19 percent in July. On Wednesday, it closed up 0.36 percent to 8,716 points.

On Wednesday, the Spanish selective advantage of the comments made by the CEO of Deutsche Bank, which called for cross-border mergers in Europe to boost its banking sector.

Santander exceeded EUR 4 per share, a level not seen after Brexit, after gaining 2.3 percent, the second highest increase after Popular, which gained 4 , 75 percent.

“Mainly, they were the comments from the CEO of Deutsche Bank that have boosted the banking sector. at international level there have been many references, although the PMI in the US has been a little worse than expected and has weakened somewhat selective as you approach the end, “said Oscar Germade, an analyst at BNP Paribas IP.

the US manufacturing PMI stood at 51.5 in August from July 55.8 and 54 percent forecast.

While waiting to know the outcome of the vote of investiture this afternoon at the Congress of Deputies and the risk they reconvene new elections in December, the profitability of the debt grew in the secondary market leading risk premium to 108 basis points

linked to the prices of raw materials such as Arcelor Mittal companies and Acerinox took the brunt, with falls of 3.6 percent and 0.89 percent respectively, to the fall in oil prices.

the airline holding IAG yielded 2.1 percent despite the drop in oil prices after comments from Prime Minister of the United Kingdom, Theresa May, who ruled out any possibility of a second referendum or an attempt to remain in the European Union by the “back door”.

LikeTweet

No comments:

Post a Comment